Change - Announcement of Cessation::Retirement of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
MINDCHAMPS PRESCHOOL LIMITED
Securities
MINDCHAMPS PRESCHOOL LIMITED - SG1EA6000002 - CNE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Sep-2024 22:35:35
Status
New
Announcement Sub Title
Retirement of Chief Financial Officer
Announcement Reference
SG240917OTHR7PY6
Submitted By (Co./ Ind. Name)
Yeo Hui Leng
Designation
Company Secretary and Group General Counsel
Effective Date and Time of the event
17/09/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION OF CHIEF FINANCIAL OFFICER

Additional Details

Name Of Person
Teo Wee Jone
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
15/10/2024
Detailed Reason (s) for cessation
Retirement of Chief Financial Officer

Mr Teo Wee Jone (Mr Teo) had tendered his notice regarding the intention to retire as the Chief Financial Officer (CFO) of the Company and its subsidiaries/related companies (Group) in line with the Company's strategic leadership development and succession planning.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/01/2010
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
CHIEF FINANCIAL OFFICER
Role and responsibilities
Mr Teo is responsible for all matters relating to the financial management of the Company and the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
943,600 ordinary shares of listed issuer
Past (for the last 5 years)
MindChamps (Malaysia) Sdn. Bhd.
Present
MindChamps Academie of Stars Pte. Limited
MindChamps Capital Pte. Limited
MindChamps - Pavcap Preschool Global Holdings Pte. Limited
MindChamps (Beijing) Education Ltd
MindChamps Preschool @ Changi Airport Pte. Ltd.